Reliance Bank can't do without the services of its hired loan auditors. But the bank's not that interested in having them fly in and stick around its Alabama digs for several days four times a year.

"You have the expense of flying them in, they're there a week, they have hotels, meals, etc. And that adds up," says David Kinchler, CEO of the $150 million-asset Reliance, which uses an expanding suite of document management software to allow three of its four yearly "hired" audits to be done remotely via a mailed disk containing images of thousands of internal loan documents-saving days of time and thousands of dollars for each audit (the bank still prefers to keep one of its yearly audits onsite).

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